Listing provided courtesy of Knipe Realty ERA Powered- MLS# 752828656
Contact Information: 503-201-8537
Contact Information: 503-201-8537Images
Request Info4775 NE 107TH AVEPortland, OR 97220
Multi-Family · 10,480 Sq. ft. | 0.11 Acres$3,225,000
Active
4775 NE 107TH AVE Overview
- Time on Site:
- 113 days
- Visits:
- 1
Recently constructed and fully stabilized 16-unit apartment building located in Portland's Parkrose neighborhood. This turn-key investment offers low-maintenance ownership with modernsystems, contemporary finishes, and a balanced mix of unit types designed to attract a broad tenant base. Built with long-term durability and operational efficiency in mind, the property features well-finished units with quality fixtures, high-end kitchens, in unit washer/dryers, and established occupancy. The diversified unit mix supports stable occupancy and consistent cash flow, appealing to both traditional renters and high demand workforce housing that is near NE Sandy Blvd, grocery, close access to the airport, and transit.
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4775 NE 107TH AVE Facts & Features
- Type Multi-Family
- Sq. ft. 10,480
- Price/Sq.ft. $308
- Lot 0.11 Acres
Details
General
School Information
- Elementary School: Other
- Middle Or Junior School: Roseway Heights
- High School: Parkrose
Income/Expenses
- Gross Income: 285700.0
- Gross Scheduled Income: 285700.0
- Net Operating Income: 173480.0
- Operating Expense: 112220.0
Building Information
- Year Built: 2024
Location/Region
- Country: US
- County Or Parish: Multnomah
- MLS Area Major: 142 - Portland Northeast
- Subdivision Name: Parkrose
Rent/Lease Information
- Rent Includes: None
Tax Information
- Tax Annual Amount: 28957.7
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Contract,Conventional,Owner Will Carry
- Parcel Number: R703341
- Property Condition: New Construction
- Property Type: Multi Family
- Zoning: RM2
Interior
Parking Information
- Garage Spaces: 0
Building Interior
- Building Area Total: 10480.0
General Information
- Basement: None
- Cooling: Air Conditioning Ready
- Foundation Details: Slab
- Heating: Wall Heater
- Security Features: Fire Sprinkler System,Security Gate
- Stories: 4
Exterior
Parking Information
- Parking Features: Off Street
- Parking Total: 0
Lot Information
- Lot Features: Gated,Level
- Lot Size Acres: 0.11
- Lot Size Square Feet: 4791.0
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 16
- Sewer: Public Sewer
4775 NE 107TH AVE Neighborhood
Community
97220 (Portland) Demographics
39
Median Age
4,050
Population Density (per sq. mile)
40%
College Educated
$56,040
Estimated Median Income
6,143
Estimated Total Home Owners
5,472
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.4775 NE 107TH AVE Monthly Cost
4775 NE 107TH AVE Market Data
Based on the last 30 days in this zip code
$495,355
Average List Price
$261
Average Price per Square Foot
21
Properties Sold
64
Average Days on Market
93
Properties for Sale
4775 NE 107TH AVE History
| Date | Value | Agent |
|---|---|---|
| 3/9/2026Source: Regional MLS | March 09, 2026 |